Dear Members,
12 SEPT 2017
The weekly Nifty
Update
The weekly Elliott Wave commentary with Targets and levels is published every Sunday to Subscribers, This is only an excerpt.
MEDIUM TERM
NIFTY ELLIOTT WAVE UPDATE
Nifty remains inside the big read candle created at the start of August, and closed down for the week after 3 weeks of gains. No breakout confirming the next move yet. However weekly momentum indicators continue to lose steam and Nifty remains within the 66% retracement range
keeping it open to forming the first lower top, and a break of 9685 would then be the first lower bottom setting the tone for a lower top lower bottom trend... READ MORE
